LODI vs. JABS

Last updated Jun 5, 2026

LODI (AAM SLC Low Duration Income ETF) and JABS (Janus Henderson Asset-Backed Securities ETF) are both Short-Term Bond funds. Both are actively managed. At a 0.11 correlation, their price movements are largely independent. LODI charges 0.15%/yr vs 0.33%/yr for JABS.

Performance

LODI vs. JABS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AAM SLC Low Duration Income ETF (LODI) and Janus Henderson Asset-Backed Securities ETF (JABS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LODI achieves a 1.87% return, which is significantly higher than JABS's 1.27% return.

LODI

• 1D: -0.00%
• 1M: 0.45%
• YTD: 1.87%
• 6M: 2.30%
• 1Y: 5.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

JABS

• 1D: -0.02%
• 1M: 0.39%
• YTD: 1.27%
• 6M: 1.81%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LODI vs. JABS - Yearly Performance Comparison

	2026 (YTD)	2025
LODI AAM SLC Low Duration Income ETF	1.87%	2.71%
JABS Janus Henderson Asset-Backed Securities ETF	1.27%	2.49%

Correlation

The correlation between LODI and JABS is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 24, 2025	0.11

Return for Risk

LODI vs. JABS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LODI

LODI Risk / Return Rank: 88
LODI Sharpe Ratio Rank: 77
LODI Sortino Ratio Rank: 84
LODI Omega Ratio Rank: 92
LODI Calmar Ratio Rank: 95
LODI Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LODI vs. JABS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AAM SLC Low Duration Income ETF (LODI) and Janus Henderson Asset-Backed Securities ETF (JABS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	LODI	JABS	Difference
Sharpe ratio: Return per unit of total volatility	2.44	—	—
Sortino ratio: Return per unit of downside risk	3.69	—	—
Omega ratio: Gain probability vs. loss probability	1.61	—	—
Calmar ratio: Return relative to maximum drawdown	7.82	—	—
Martin ratio: Return relative to average drawdown	20.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LODI	JABS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.37	2.21	+0.16

Drawdowns

LODI vs. JABS - Drawdown Comparison

The maximum LODI drawdown since its inception was -1.01%, roughly equal to the maximum JABS drawdown of -0.97%. Use the drawdown chart below to compare losses from any high point for LODI and JABS.

Drawdown Indicators

	LODI	JABS	Difference
Max Drawdown Largest peak-to-trough decline	-1.01%	-0.97%	-0.04%
Max Drawdown (1Y) Largest decline over 1 year	-0.75%	—	—
Current Drawdown Current decline from peak	-0.04%	-0.14%	+0.10%
Average Drawdown Average peak-to-trough decline	-0.21%	-0.18%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.29%	—	—

Volatility

Volatility by Period

	LODI	JABS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.40%	2.00%	+0.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.34%	2.00%	+0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.34%	2.00%	+0.34%

LODI vs. JABS - Expense Ratio Comparison

LODI has a 0.15% expense ratio, which is lower than JABS's 0.33% expense ratio.

Dividends

LODI vs. JABS - Dividend Comparison

LODI's dividend yield for the trailing twelve months is around 4.96%, more than JABS's 4.19% yield.

Position	TTM	2025	2024
JABS Janus Henderson Asset-Backed Securities ETF	4.19%	2.19%	0.00%
LODI AAM SLC Low Duration Income ETF	4.96%	5.11%	0.38%

Frequently Asked Questions

Can I hold both LODI and JABS in my portfolio?

LODI and JABS have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LODI or JABS?

On fees, LODI is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LODI or JABS?

LODI is cheaper with a 0.15% expense ratio, compared with 0.33% for JABS.

Which ETF pays a higher dividend yield, LODI or JABS?

LODI has the higher dividend yield at 4.96%, compared with 4.19% for JABS.

What is the main difference between LODI and JABS?

They also come from different issuers: AAM and Janus Henderson. Their fees differ too: 0.15% for LODI and 0.33% for JABS.